Marriott sold $240 million of bonds backed by timeshare loans in what has otherwise been a quiet week of ABS issuance.
Pimco's holdings of bonds backed by payments under the Master Settlement Agreement are near $500 million; Citigroup thinks that Gross' departure could cause "substantial market volatility."
Which opinion is more reliable: A well-informed one tainted by financial arrangements or one free of such conflicts but based on limited data and possibly colored by spite?
The volume of European asset-backed tranches with the Prime Collateralised Securities (PCS) label has crossed the 100B threshold but the region's securitization volumes keep shrinking.
Nguyen is a credit expert who specializes in high yield and distressed bonds, and is a frequent commentator on Puerto Rico and tobacco debt.
A two-year extension to the deadline for banks to conform CLO holdings to the Volcker Rule doesn't apply to all, the Federal Reserve says.
Despite regulatory hurdles, participants see nothing in the way of issuance reaching $60 billion to $70 billion this year.
Finke says the industry needs to address the lack of understanding about its performance and role in the economy.
Two academics argue that aggreggating standardized assets is key to solar securitization, which can meaningfully reduce funding costs for developers.
Despite pressure from Capitol Hill, regulators are disinclined to allow banks to hold collateralized loan obligations backed by bonds.
Vice President of Regulatory Compliance
Firm: Clayton Holdings
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Single-family rental giants are financing smaller players, setting the stage for a new wave of issuance.Current Issue